Revolutionizing Mumbai: Top Oil and Gas Companies Shaping Future Energy

India is known as a global power with diverse industries and a rising economy. It is home to a plethora of companies that lead in their respective industries. Mumbai, the financial capital of India, is the headquarters of many notable companies, particularly in the oil and gas industries. This article explores the significant players in the Oil and Gas industry based in Mumbai, Maharashtra.

The energy sector plays an essential role in India’s growth story and is one of the largest contributors to the country’s economy. While this sector includes renewable energy, nuclear power, and coal, oil and gas remain vital components and contribute a significant share. Apart from the primary energy production, these firms provide numerous secondary services like refining and marketing, and also span into sections like retail and textiles.

Here is a highlight of notable companies in the Oil and Gas industry whose headquarters are located in Mumbai, Maharashtra, India.

Reliance Industries

Reliance Industries, founded by Dhirubhai Ambani, operates across sectors like chemical, energy, oil, and gas, retail, and textiles. The company has a robust exploration and development wing for crude oil and natural gas and has a significant presence in international markets too. It stands as the second-largest publicly traded company in India.

Nayara Energy

Nayara Energy, established by Shashi Ruia, has built its presence across the hydrocarbon value chain, including retail. This company is involved in the discovery, marketing, and delivery of oil, gas, and petroleum products across India.

Indian Oil Tanking

Indian Oiltanking is a professional company providing technical solutions and logistics services for the Oil and Gas industry. Founded by Anil Kumar Taparia, the company specializes in terminalling, build services, and renewable energy.

Oilmax Energy

Oilmax Energy is an end-to-end service provider for the entire upstream value chain in the oil and gas industry. Kapil Garg founded the company, offering exploration, production, EPC, O&M, and gas operations.

Dorf Ketal

A company by Sudhir Menon, Dorf Ketal manufactures and sells formulation based chemicals for the oil refining and petrochemicals industry.


HPCL([Hindustan Petroleum Corporation Limited]( is a Government of India Enterprise listed in Fortune 500 and Forbes 2000 companies. It specializes in natural resources and oil and gas, boasting an annual turnover in excess of billions of dollars. is a unique player specializing in artificial intelligence, industrial, machine learning, manufacturing, and oil and gas. Founded by Soudip R Chowdhury, the company uses patented algorithms, deep technology, AI, and unsupervised ML to improve industrial operations’ sustainability.


Afcons operates in the construction, infrastructure, and oil and gas industries. The details about this company’s founders are not known.

Welspun Group

Founded by Balkrishna Goenka, the Welspun Group works in the sectors of infrastructure, oil and gas, retail, and textiles. The group has a worldwide presence and partners with the largest players in the global Oil and Gas industry.

Aegis Logistics

Aegis Logistics plays a critical role in the oil and gas downstream sector. The company prides itself in providing excellent customer support with an emphasis on quality and operates through a necklace of liquid and gas terminals.

L&T Energy Hydrocarbon

L&T Energy Hydrocarbon specializes in asset management, construction, energy, industrial engineering, oil and gas, and professional services. The organization has not specified its founders.

Written by Mark Smith

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